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India’s 2005 Article IV Consultation reports that the government’s medium-term fiscal strategy is broadly appropriate, and faster implementation is crucial for its economy. India’s growth spurt provides a golden opportunity to fast-forward the government’s structural reform agenda. The...
Persistent link: https://www.econbiz.de/10014404947
This 2009 Article IV Consultation highlights that India’s medium-term growth prospects remain bright. Prompt fiscal and monetary easing, combined with the fiscal stimulus already in the pipeline and the return of risk appetite in financial markets, have brought growth close to pre-crisis...
Persistent link: https://www.econbiz.de/10014406639
reforms. Swelling capital inflows have highlighted the key policy challenges: managing financial globalization and tackling … the supply constraints to growth. Monetary operations and communications are adapting to financial globalization. The … sustain inclusive growth and the financial globalization. Structural reforms to make the economy more flexible are key to …
Persistent link: https://www.econbiz.de/10014405508
This 2004 Article IV Consultation highlights that India is on track for another year of robust growth in 2004/05. Supported by a strong monsoon, growth rebounded to 81⁄2 percent in 2003/04, the highest level in more than a decade. In 2005, firms appear to have embarked on a new investment...
Persistent link: https://www.econbiz.de/10014405618
India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India’s 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken numerous welcome...
Persistent link: https://www.econbiz.de/10014405816
This 2006 Article IV Consultation highlights that India’s economy has continued to grow above trend, with an average growth of 8 percent in the last three years. Growth is broad based, with robust consumption, investment, and exports. With manufacturing expanding at more than 10 percent y/y,...
Persistent link: https://www.econbiz.de/10014405862
In this study, economic developments of India are discussed. Growth is among the fastest-growing in the world, social indicators are improving, and medium-term economic prospects are favorable. The Reserve Bank of India’s (RBI) efforts are used to tighten monetary conditions. The measures...
Persistent link: https://www.econbiz.de/10014402125